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Remuneration to non-executive director

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(Querist)
07 June 2012 Can remuneration be paid to non-executive director by a Private Co. Can any question be raised by IT Department on such payment.
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Amol S Joglekar

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Amol S Joglekar (Expert)
07 June 2012 Yes. Remuneration can be paid. Income Tax department has got nothing to do with that.

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